Major Rating Factors:
A current level of 11.5 percent of nonperforming loans to core capital combined with 3.7 percent from a year earlier contributes to the Fair asset quality (4.6). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Weak (1.9) profitability.
Other Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 16.3 and a capital leverage ratio of 10.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Securities (22%), home mtgs (22%), comm re (22%), comm loans (4%), cash (2%), consumer loans (2%), home eq lns (1%), other (25%)
States with Branches:
CO
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
2258 East Main Street
Cortez, CO 81321
Cortez, CO 81321
Phone Number
(970) 565-3781
Year Founded
1958
FDIC Number
Website
Largest Affiliates
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